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The Promise and Peril of Credit – What a Forgotten Legend about Jews and Finance Tells Us about the Making of European Commercial Society - Princeton Scholarship Online
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The Promise and Peril of Credit: What a Forgotten Legend about Jews and Finance Tells Us about the Making of European Commercial Society

Francesca Trivellato

Abstract

This book takes an incisive look at pivotal episodes in the West's centuries-long struggle to define the place of private finance in the social and political order. It does so through the lens of a persistent legend about Jews and money that reflected the anxieties surrounding the rise of impersonal credit markets. By the close of the Middle Ages, new and sophisticated credit instruments made it easier for European merchants to move funds across the globe. Bills of exchange were by far the most arcane of these financial innovations. Intangible and written in a cryptic language, they fueled wor ... More

Keywords: private finance, money, credit market, world trade, credit contract, Jews

Bibliographic Information

Print publication date: 2019 Print ISBN-13: 9780691178592
Published to Princeton Scholarship Online: September 2019 DOI:10.23943/princeton/9780691178592.001.0001

Authors

Affiliations are at time of print publication.

Francesca Trivellato, author
Institute for Advanced Study